XRP Drops to $1.41 as Leverage Risks Grow After Rally

XRP fell to around $1.41 after nearing $1.50 on August 25, extending its decline from last week's $1.70 high, though the token remains up over 27% in seven days. CryptoQuant data shows XRP's estimated leverage ratio on Binance climbed to about 0.21 this week, its highest since January, as traders increased leveraged exposure during the rally from roughly $1 in mid-August. Open interest stood near $3.45 billion, with about $18.9 million in positions liquidated over 24 hours, including $15 million in longs. The pullback follows XRP's surge from $1 to near $1.70, offering short-term traders substantial profits to secure. Spot XRP ETF inflows remained positive at $28.14 million on August 26, totaling about $1.62 billion, providing potential support. Key downside levels are $1.35–$1.36, with further declines toward $1.30 possible.